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8085 Highway 51 - Island City Lanes & Lounge 15,624 SF Sports & Entertainment Building Offered at $1,449,000 in Minocqua, WI 54548

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Investment Highlights

  • Steady seasonal tourists
  • 16x24 storage garage
  • Large Sports Bar

Executive Summary

Island City Lanes & Lounge, Minocqua, WI - Well-established bowling center with lounge and restaurant. Located on Hwy 51 with terrific local following, steady seasonal tourist traffic and 8 bowling leagues. There are 12 synthetic lanes, a large sports bar area great for Packer and Badger games as well as Nascar races. And a game room for the kids! A large parking lot. Excellent business with great financials. Fiber optic internet, 16 x 24 storage garage, city sewer & water, natural gas. A large Island City Lanes Smart Sign on Highway 51.

Taxes & Operating Expenses (Actual - 2023) Click Here to Access

Annual Annual Per SF
Taxes - -
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2023) Click Here to Access

Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $1,449,000
Price Per SF $92.74
Sale Type Owner User
Sale Condition Business Value Included
Property Type Sports & Entertainment
Building Class C
Lot Size 1.65 AC
Building Size 15,624 SF
No. Stories 1
Year Built 2000
Zoning Commercial - Commercial

Amenities

  • Air Conditioning

About 8085 HIGHWAY 51 , MINOCQUA, WI 54548

Island City Lanes & Lounge, Minocqua, WI - Well established bowling center with lounge and restaurant. Located on Hwy 51 with terrific local following, steady seasonal tourist traffic and 8 bowling leagues. There are 12 synthetic lanes, a large sports bar area great for Packer and Badger games as well as Nascar races. And a game room for the kids! A large parking lot. Excellent business with great financials. Fiber optic internet, 16 x 24 storage garage, city sewer & water, natural gas. A large Island City Lanes Smart Sign on Highway 51.

Property Taxes

Property Taxes

Parcel Number
01601-2329-0005
Land Assessment
$122,200 (2024)
Improvements Assessment
$370,100 (2024)
Total Assessment
$492,300 (2024)
  • Listing ID: 32821525

  • Date on Market: 8/15/2024

  • Last Updated:

  • Address: 8085 Highway 51, Minocqua, WI 54548

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